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“Ethereum Mining Rig DIY”

“Ethereum Mining Rig DIY”

April 7, 2015

So I had this awesome idea for sticking a single mem controller and processor with 16gb of ddr5 ram (which is actually fairly cheap at $6-7 each) only to find out I have a LOT to learn about electrical engineering and programming.
Motherboard: You’ll need a little luck and possibly some magic or a custom UEFI to find a motherboard that supports six to seven video cards. The Intel Z87 and Z97 chipsets for LGA1150 processors offer a pretty good bang for the buck as they are being cleared out to make room for the newer Intel Z170 and Z270 motherboards for the LGA1151 processors. Our favorite board right for GPU mining is the MSI Z170A GAMING PRO CARBON as it has the ability to run SEVEN GPU’s at a time when using the latest UEFI for $129.99 on Amazon. That board is starting to get hard to find, so alternatives would be the newer ASUS PRIME Z270-A at $139.99 shipped or the MSI Z170A Gaming M5 for $149.99 shipped. People are actually mining with eight video cards on the ASUS PRIME Z270-A motherboard thanks to an M.2 to PCIe 3.0 x4 adapter than can be had for $8.95 shipped. The ASUS Prime Z270-P for $105.99 shipped also works with 8 GPUs if you use two of the M.2 to PCIe 3.0 x4 adapters.
MinerGate will automatically test your computer’s ability to mine various types of coins and provide you with an overall score. Dedicated miners usually buy custom equipment specifically for mining cryptocurrencies like Ethereum. The next most profitable way to mine is to own a machine with multiple graphics cards as these can mine Ether much more efficiently than a plain old CPU.
All purchases are final. Request for refund will not be honored by us. We advise you to make any payment only after careful consideration. In the case that we fail to ship out your order, we will contact you for refund. Generally, refund will be in USD with the USD amount of your order amount instead of the BTC amount, considering USD is a fixed amount, not a variable like BTC.
– You want to get a simple low end CPU and at least 4GB of RAM – Tip: make sure your motherboard, CPU and RAM are compatible (i.e. LGA 1151 motherboards need an 1151 socket CPU, and DDR4 RAM / LGA 1150 motherboards need an 1150 CPU and DDR3 RAM)
These days, you really can’t go anywhere without hearing about Bitcoin or another cryptocurrency. Bitcoin took off in a huge way in 2017, and it doesn’t look like it’s going to be slowing down anytime soon – the value just keeps climbing. So, it really isn’t surprising that in 2018, everyone is going to want a piece of the action. If you’re thinking about diving into Bitcoin or Ethereum mining, it would be wise to shop for one of the best mining GPUs you can buy today.
A very high cost to design and manufacture a batch of ASICs keeps most of this market. The designers of the coin often design ASICs in an attempt to stabilize the mining of the coin long term. and keep interest in that coin.
Natürlich ist es die mit unter einfachste und eigentlich sicherste und am wenigsten verlustbehaftete Methode Coins dann zu Kaufen wenn sie arg Günstig sind und die dann brach liegen lassen bis sie ein vermögen wert ist, ich habe das auch hinter mir, vielleicht nur mit 15€ eingestiegen damals(Aus Fun) in Dogecoin, aber mit 200€ rausgegangen und das nach kurzer zeit, einige sind damals wie Heute bei so welchen Explosionen natürlich reicht damit geworden, da geht es um Hunderttausend, teilweise Millionen Beträge, aber so was muss man erst mal riechen, es sind etwa 888 Coins am Markt, das ist nichts anderes als ein Glücksspiel, oder man Investiert sehr viel Zeit damit sich über den Markt zu Informieren.
HASH RATE – as described before, Linux is not EFFICIENT and you will not get the same hash rate as on Windows, for example the exact same settings on a GPU on Linux would give you 28.8 MH/s and on Windows you will get 29.3 MH/s.
Wie alle Exponentialfunktionen startet die Difficulty Bomb langsam, kaum sichtbar, um dann, relativ plötzlich, zu explodieren. Da sich die Hashrate der Miner gleichzeitig fortlaufend erhöht, wird sich die Eiszeit erst später als geplant bemerkbar machen. Laut den Berechnungen von Vitalik Buterin sollte Ethereum heute, mit einer Blocknummer von 3,7 Millionen und ein paar Zerquetschten bei einem Block-Interwall von etwa 55 Sekunden sein. Tatsächlich sind es aber nur 15. Der Grund ist, dass die Miner im Lauf der letzten Monate massiv in neue Mining-Hardware investiert und damit die Hashrate hochgetrieben haben. Unter normalen Umständen würde dies dafür sorgen, dass die Interwalle zwischen den Blöcken kürzer anstatt länger werden.
Take the online notebook described in “What is Ethereum?”. The network would not come to consensus about the ‘state’ of the notebook (say, if a note is added or deleted) without the computational power to process the changes.
Genesis Mining präsentiert eigene Server-Farmen und sogar die ARD hat einen Beitrag in den Hallen von Genesis Mining gedreht. Genesis Mining kann somit eigene Server mit Rechenleistung vorweisen. Jedoch sind die Verträge von Genesis Mining nicht besonders attraktiv und auch das Kleingedruckte sollte ausführlich gelesen werden. Zum ausführlichen Erfahrungsbericht Genesis Mining.
How on earth could you have 80 asic chips sharing a 3GB VRAM? That’s not possible. The chips may be capable of 2.5 MH/s without a memory bottleneck, but what difference does that make? The only other explanation would be they have 3 GB of VRAM per chip, which would be .24 TB of VRAM. And, of course, they give no price.
BTC can be easily sold for cash so, indirectly, mining ETH can be a good way to fill up your bank account or earn cash. ETH can also be sold directly on several major exchanges, such as Bitfinex, BTC-e, Kraken, Gemini and Coinbase.
Goodnight everyone, I’m trying to mine with my Zogis video card Gforce 6500 1gb ddr2. however appears a driver mensangem cuda wrong version. already installed the nvidea driver straight from the site, both in windows 7 as the 10 in opcl also does not work in certain mining CPU. I’m just not getting the video card. Anyone know why?
Claymore software has a fixed fee of 1% when you are mining ethereum or 2% fee when you are mining decred. There are various problems that can happen due to the way the Fee is working. The fee works in a way that each hour you will be disconnected from your mining process and for about 1-2 minutes, you will mine for the Claymore developers. After that it will connect you again to your pool and start the mining again. By constant disconnecting and reconnecting each hour your GPU cools down and then heats up again, and by doing that are risking the life of your GPU’s. I heard from many people that after some time one of the GPU’s would reset to the default clock settings because of the constant disconnecting/reconnecting or it would “hang” and crash the miner or cause it to recreate the DAG file, and you end up losing valuable time with that. Claymore is a really cool software and I think there could be a better way to support the developers, rather than risking our own miner stability. By using the official Claymore I lost about 3% of my shares compared to using the Claymore without the Developer Fee, everyone can try it for themselves and see the difference.
By entering the above details into an Ethereum Mining Calculator, you’ll be presented with a rough guide of your expected profits. While the calculator will automatically enter the current figure for difficulty, keep in mind that difficulty is very likely to rise in the future. Ethereum’s high price lures in more miners!
While, on the surface, this is incredibly easy, as I’ll show below, you must be aware that mining is very much like trading. Cryptocurrency prices fluctuate, your equipment might break, and so on. For example, when I started putting this project together, the rough number estimate was that I’d recoup my investment within six months. Now, with the same calculations, it would take eight months. The advantage of mining over trading is that coin prices can be somewhat more stable, and at the end of the day, you’ll still have the equipment. Which, if you’ve chosen wisely, wouldn’t have lost too much of its value.
Edit: In einem anderen Beitrag wurde von einem User argumentiert, dass es sich lohnen muss weil allein schon heise.de darüber berichtet und daher was dran sein muss. Kleine Anektdote: Vor dem Crash Ende 2013 und Anfang 2014, worauf 2 Jahre lang nahezu nichts passierte, hat c’t noch schön über Mininghardware geschrieben…
Ist Ethereum Mining sinnvoll? Jein. Ethereum Mining wirft aktuell einen Gewinn ab. Beim Mining sollten Hashleistung, Strompreis, Verkaufspreis und Difficulty unbedingt im Auge behalten werden. Es gibt keine Garantie für langfristigen Profit.
The reality is that the threat of a likely switch to Proof of Stake is whats making it uneconomic for anyone to produce asics, as you know in advance they would have a limited lifetime, and the cost of creating the asic is so high ($millions!) you’d want to know you could have a profitable run for awhile, with the switch to PoS, you wont get that.
If you are wondering if it is worth mining Ethereum you can get an idea on how much Ether (ETH) should be mined with a specific hashrate depending on what hardware you have available with a simple mining profitability calculator. All you have to enter is the hashrate you are getting (you can run ethminer in benchmark mode to see what hashrate to expect from your CPU or GPU if you have not yet started mining) and you will get information about the expected mined amount in ETH and USD. The calculator uses up to date data from etherchain’s API to get fresh information about the Network Hashrate, average Blocktime and 1 ETH price, so it should be pretty accurate with the results at the moment of time you use it. The estimated coins to be mined and their USD value are shown for a period of 1 Minute, 1 Hour, 1 Day, 1 Week and 1 Month, though the longer the period is the less accurate the estimation could be.
Running a CPU you might be able to generate 0.15 Mega Hashes whilst with a decent GPU with enough memory you could be doing upwards 25 Mega Hashes (you can choose a GPU to mine ether here and use our guide on how to choose a GPU to mine ether). So in terms of total efficiency, taking into account electrical costs, a GPU is definitely worth it even if it costs you $200.